Asking Price: $150,000 Gross Revenue: $375,000Cash Flow: $135,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 included in asking priceReal Estate: $200,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Light & Raphael is pleased to offer for sale a general dental practice near the eastern shore in Virginia. This is a tremendous opportunity for a younger dentist. The current dentist is not accepting new clients as retirement approaches. The practice is closed on Wednesday and Fridays and there are certainly enough existing clients and potential clients to expand the hours and revenues of the practice. It is anticipated that the staff will remain with the business after closing.
Financing possible for a qualified buyer.
About the Business
Number of Employees:
Real estate is also available for sale. The land is assessed at $100,000 and the dental office is assessed by the county at more than $100,000. There is parking available at the facility.
Growth & Expansion:
Dental care in the USA is a $100+ billion, non-cyclical market, with strong underlying fundamentals driving continued robust growth. Dental care expenditures reached $122 billion in 2014, representing an annual average growth rate of 5.8% since 1990, despite the impact of two recessions during this time. National dental care expenditures have only experienced one year of negative growth since 1990. Expenditures are expected to expand by 5.7% annually through 2022, reaching $191 billion, as a result of:
• Favorable demographic trends • Expansion of dental insurance coverage • Escalating demand for cosmetic and elective dentistry
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the seller or a business broker representing the seller. BizQuest has no interest
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